Strong reaction to Riksbank’s rate cut decision unlikely to deter ECB from easing policy in March
Feb 18, 2016 07:40 am UTC| Commentary Central Banks
The adverse response to Swedens Riksbanks decision last week to further cut policy rate below zero from -0.35% to -0.50% indicates investors worries regarding the impact of negative interest rates on the profitability of...
The factors causing BoC's easing essential
Feb 17, 2016 12:27 pm UTC| Insights & Views Central Banks
USD/CAD trimmed yesterdays gains to trade at 1.3843, the pairs lowest since February 5th, during early European session, still down 0.12%. But the Canadian dollar weakened after a meeting between oil ministers from Saudi...
BoK holds interest rate, likely to lower in March
Feb 16, 2016 05:37 am UTC| Commentary Central Banks
The Bank of Korea kept the policy rate unchanged at 1.5% in February, on par with expectations of economists polled by Bloomberg. The central bank expanded its special loans facility to KRW29tn in order to stop the drop in...
BOK rate decision likely to be a close call
Feb 15, 2016 14:50 pm UTC| Commentary Central Banks
The Bank of Korea meets tomorrow to decide interest rates and expectations are for the BOK to turn dovish. The probability of a rate cut is currently high due to a weaker global manufacturing index, lower stock prices and...
South Korean central bank likely to keep rates on hold until end of 2016
Feb 15, 2016 06:37 am UTC| Commentary Central Banks
The Bank of Korea, at its upcoming meeting, is likely to keep its policy rate unchanged at 1.50%. The committee is expected to discuss the current global financial market volatility during the meeting, while several...
South Korean won likely to fall against US dollar, BoK rate decision in focus
Feb 12, 2016 12:30 pm UTC| Commentary Central Banks
USD/KRW remains well supported above 1200.00 marks. Since the start of this week, pair remains range bound in between 1211 to 1185 marks. BOK will announce its interest rate decision by next week on February...
Strong yen puts pressure on BoJ
Feb 12, 2016 11:47 am UTC| Commentary Central Banks
The Japanese stock market indices continue to decline as Nikkei lost more than 750 points since morning. The losses amounted to more than 10% since the Chinese stock markets have been closed for New Year celebrations. The...
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